Company Research Report: Array
Company Overview
- Name: Array
- Mission: To fuel financial progress by helping consumers own their financial future, protect their identity, and maintain digital privacy.
- Founded: No information is available
- Founders: Martin Toha (CEO & Founder)
- Key People:
- Martin Toha, CEO & Founder
- Phillip Zedalis, Co-Founder & Advisor
- Alem Sendaba, COO & General Counsel
- Kew Kelly-Yuoh, CFO
- Greg Johnson, Chief Sales Officer
- Kelly Shea, SVP, Talent Strategy
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: Array is known for its suite of financial innovation tools that empower consumers in managing credit, identity, privacy, and digital finance engagement.
Products
Array offers a diverse range of products focused on credit management, identity protection, and digital financial engagement:
1. My Credit Manager
- Description: A tool that provides users with credit management capabilities.
- Key Features: Helps in understanding and proactively managing credit scores.
2. ID Protect
- Description: Provides identity protection solutions.
- Key Features: Anti-fraud identity monitoring.
3. Privacy Protect
- Description: Offers online privacy protection tools.
- Key Features: Helps clean up, protect, and improve online privacy by removing personal information from the web.
4. BuildCredit™ Loan
- Description: Facilitates credit building through targeted loans.
- Key Features: Enables consumers to establish or improve credit scores via managed loan solutions.
5. Data Furnishing
- Description: Offers data reporting solutions to facilitate financial engagements.
- Key Features: No information is available.
6. Offers Engine
- Description: Drives customer engagement with tailored financial offers.
- Key Features: Provides actionable credit-based offers to users.
Recent Developments
- Partnerships:
- Array and Lumin Digital (October 2024): Partnered to deliver financial wellness tools as part of Lumin’s Financial Wellness Monitoring suite.
- Array and Narmi (January 2024): Collaborated to bring credit management tools to financial institutions to enhance financial health and customer engagement.
- Array and Q2 Holdings (December 2023): Expanded partnership to resell My Credit Manager to banks and credit unions.
- Array and DCI (September 2023): Formed a partnership to provide community banks with credit and identity monitoring solutions.
- Achievements:
- Named on the 2024 Fintech Innovation 50 list (January 2024).
- Online privacy solution surpasses 4 million protected users and 200 million record removals milestone (May 2024).
- New Appointments:
- Kew Kelly-Yuoh appointed as Chief Financial Officer to scale operations (January 2024).
- Lawsuit:
- Array won a $5.2 million damages award in a lawsuit filed by ConsumerDirect (November 2023).
Summary
Array is a leading financial innovation platform offering a comprehensive suite of credit, identity, and privacy protection tools. With strategic partnerships and a strong leadership team, Array continues to drive growth and foster financial progress for numerous fintechs, financial institutions, and digital brands. The company is focused on expanding its reach through continuous innovation and strategic collaborations while maintaining regulatory compliance and providing scalable solutions.
